The Shareholders Foundation announces that an investigation on behalf of current long-term investors in shares of Rouse Properties Inc (NYSE:RSE) shares was initiated over potential breaches of fiduciary duties by certain officers and directors at Rouse Properties.
Investors who purchased shares of Rouse Properties Inc (NYSE:RSE) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554.
The investigation by a law firm concerns whether certain Rouse Properties officers and directors breached their fiduciary duties and caused damage to the company and its shareholders.
Rouse Properties Inc reported that its annual Total Revenue rose from $224.30 million in 2012 to $292.13 million in 2014 and that its Net Loss for those respective time periods declined from $68.66 million to $51.76 million. Shares of Rouse Properties Inc (NYSE:RSE) reached as high as $24.39 per share in late 2013 and declined in 2014 to as low as $15.83 per share.
On April 21, 2015, NYSE:RSE shares closed at $17.98 per share.
Those who purchased shares of Rouse Properties Inc (NYSE:RSE) have certain options and should contact the Shareholders Foundation.
Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com